“We were very pleased with the service Eric provided to us in our house sale”
Keller Williams Realty Northwest Montana
- Agent Pronto
- Montana
- Red Lodge
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We analyze thousands of real estate agents in Red Lodge and nationwide to find you proven local professionals, for free.
Compare top Red Lodge real estate agents.
Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for July 2026. *
* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.
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Red Lodge real estate Market Report.
Information and statistics on the latest trends in the Red Lodge real estate market. *
Latest Rolling 3-Month Snapshot
Mar 1, 2026 - May 31, 2026
Median sale price
$566K
+8.3%
from
Q1 '26
Median list price
$595K
+0.9%
from
Q1 '26
Active listings
63
+31%
from
Q1 '26
Homes sold
13
+8.3%
from
Q1 '26
New pendings
19
+12%
from
Q1 '26
New listings
37
+68%
from
Q1 '26
Quarterly Pricing Trends for Red Lodge
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Red Lodge
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Red Lodge
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Inventory and Sales Activity for Red Lodge
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Red Lodge
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Red Lodge
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
33
Seller’s Market
Seller’s Market
Buyer’s Market
0
20
40
60
80
100
0
25
50
75
100
Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).
Year over year, Red Lodge home values in this rolling three-month view have climbed, with the typical home value up nearly 12 percent and the median list price rising about 14 percent. At the same time, the number of homes sold is down sharply, falling almost 40 percent from a year ago, and active inventory is also lower. These shifts point to a market where prices are higher but fewer deals are closing compared with last year.
In the latest rolling period ending in May 2026, the median home value sits around $565,000, while the median list price is just under $595,000. New listings have surged almost 87 percent year over year, even as pending sales slipped about 13 percent, suggesting more owners are testing the market than buyers are stepping in.
Supply conditions have loosened significantly, with months of supply jumping to 12.5, up more than fourfold from a year earlier, and the share of homes selling above list has fallen to zero. Homes are still taking time to sell, with a median of 93 days on market, but that is much faster than the unusually long marketing times seen last spring. Taken together, these trends create a nuanced landscape, and both buyers and sellers can benefit from Agent Pronto’s help in finding a Red Lodge real estate agent who understands the local dynamics.
Learn more about what Red Lodge has to offer.
Red Lodge offers residents a vibrant, close-knit community with year-round outdoor recreation, thriving local arts and culture, and a welcoming small-town atmosphere that makes everyday life feel active and connected.
Red Lodge stands apart from nearby Billings and Carbon County communities with its true small-town core and easy access to the Beartooth Highway and high-country adventures. Locals know each other by name, yet the area welcomes visitors drawn to skiing, hiking, and a historic downtown that still feels authentic.
Along Broadway, you will find galleries, cafes, and long-running institutions like Red Lodge Mountain for winter sports and summer events. Outdoor time is part of daily life, with trails leading into the Custer Gallatin National Forest and family-friendly parks maintained by the City of Red Lodge. Dining ranges from casual staples to refined mountain cuisine, while the Carbon County Arts Guild & Depot Gallery and the Yellowstone Wildlife Sanctuary offer year-round cultural and educational experiences.
Housing in Red Lodge reflects a mix of historic homes near downtown, vacation cabins, and newer builds on the valley floor. Market conditions can shift quickly, influenced by tourism, seasonal demand, and interest from buyers in nearby places like Billings and Bozeman. For residents considering a sale or newcomers hoping to secure the right property before the next season hits, timing and preparation are crucial. Agent Pronto connects you with a real estate professional who understands Red Lodge’s unique rhythm and can guide both buyers and sellers through each step with confidence.
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“Amber is amazing and I recommend her all the way. She so helpful and keeps you updated. Always there to help and become friends. Never a negative moment with her encouragement.”
eXp Realty LLC
“Impressive personalized communication and insight. Willingness to go the extra mile for us at every turn. Would hire again in a hearbeat.”
NorthScapes Realty
“Brooke was extremely knowledgeable of the area we were interested in despite us looking in both Montana and Idaho. She was able to explain and answer all our questions that we had in a timely fashion and took the time to make sure we understood every part of the process of buying a home! She was a pleasure to work with and will definitely be giving her call when we're ready to sell or buy again!”
Century 21 RiverStone
“Nathan was very helpful in finding me a house I liked. He was very patient and knowledgable in all aspects of his job. He is pleasure to work with. You can't go wrong if you pick him to be your realtor.”
Windermere Real Estate-Missoula
“The amount of gratitude we have for Cari is beyond words. As first time homebuyers this was a huge feet to accomplish and Cari made sure to keep us informed, connected, and confident every step of the way. Our journey began somewhat rocky with our first lender and prospective house, but Cari provided us with an amazing contact at Stockman Bank and THE BEST INSPECTOR, at Tightline home inspections. We were house hunting a little out of town and Cari showed up for us in every way. From the inspection walk throughs, to the spam text messages I sent her throughout the day, she was absolutely amazing. We will recommend Cari time and time again. She truly puts every ounce of heart into her clients!”
The Real Estate Hub
“Stephanie is a rockstar! We could not be more happy with our experience finding our first home using Stephanie as our agent. She went above and beyond to help make this a success experience for us. She helped us find a lender, roofer, insurance, etc. We just moved to FL and didn’t know anybody and she worked so closely with us to make sure we were comfortable with every step in the process. She’s extremely responsive, a problem solver and the most lovely, kind person you could ever hope to work with. We are so grateful for everything she did for us and we absolutely love our new home!”
EXP Realty, LLC
“Merlin is young and ambitious. He worked hard and was detailed and considerate knowing my needs and wants for a replacement house under a total loss insurance claim.”
Engel & Völkers Billings
“Being a first time home buyer comes with a lot of questions and uncertainty. Alexis was very knowledgeable and eased all of the uncertainties that came along throughout the process. She went above and beyond making sure we were comfortable and confident with all of the decisions we made along the way. We are thrilled with the outcome and can't wait to work with Alexis in the future!”
Century 21 Hometown brokers
“Gene was great to work with. Went above and beyond when it came to all aspects throughout of the home buying process. Very knowledgeable and easy to work with. Would recommend him to anyone selling or buying a home. Thanks Gene”
Engel & Völkers Engel & Voelkers - Billings
“Keith is a joy to work with; he is prompt, concerned, knowledgeable and caring. This was difficult as we were doing this for our daughter who lives in Europe. Keith made it so much easier. He is great and professional to work with but has that understanding of Montana values we love so much.”
Dustin young and company
“Jocelyn DeHart was an AMAZING fit. She was caring, compassionate and very knowledgeable in every detail.”
Venture West Realty
“Tracey is very professional and competent. She follows through and got the job done. Her staff were also excellent and easy to work with.”
Ideal Real Estate | Montana Legacy Properties
“Agent Pronto put me in touch with Sarah Bauer from Big Sky Brokers. Sarah was great to work with, she made the entire process of selling my condo easy and stress free!”
Big Sky Brokers LLC
“Jo was great. Took offer from first day house was on the market!”
Modern Montana Real Estate
Frequently Asked Questions
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There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Red Lodge. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Red Lodge Realtor® or real estate agent today.